Wii U Being Priced 'Reasonably'

Nintendo expects to price its new console "reasonably," according to a new report.

Speaking in an interview with Japanese newspaper Yomiuri Shimbun, CEO Satoru Iwata said, "We won't make the same mistake that we did with the 3DS, which was considered relatively high by consumers."

An analyst in Japan speculates that 30,000 yen would be a price where Nintendo could break even. Regarding the 3DS, Iwata saidm "We've fixed the 3DS profitability issue, and pledge to turn profitable by the end of this fiscal year."

Nintendo declined to discuss launch plans, including price and release date, at E3 last month.

[Source: Andriasang]